$3,300,000
$3,500,000
5.7%For more information regarding the value of a property, please contact us for a free consultation.
2001 Penmar AVE Venice, CA 90291
10,367 Sqft Lot
Key Details
Sold Price $3,300,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 21772840
Sold Date 01/14/22
HOA Y/N No
Year Built 1962
Lot Size 10,367 Sqft
Property Description
This 11 unit property consists of 1-B+1, 1-S+1, 5-1+1, and 4-2+1 units and is located in the Venice area of Los Angeles. The property is fully occupied and subject to Rent Control. There is significant upside in the rents which will allow an investor consistent increases to cash flow. The property is gated, has a pool, and sits on a large lot of 10,366 square feet (LARD3). There are five tandem parking spaces and three single spaces. Inspection with accepted offer only. All financial information is estimated. The property is being sold as is. The Buyer shall conduct their own due diligence in regards to the property characteristics and suitability as the listing agent has not personally verified the property characteristics.
Location
State CA
County Los Angeles
Area C11 - Venice
Zoning LARD3
Interior
Cooling None
Fireplace No
Exterior
Garage Carport
Pool InGround
Parking Type Carport
Total Parking Spaces 13
Building
Story 2
New Construction No
Others
Senior Community No
Tax ID 4242009011
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
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Bought with Michael Monempour • Kidder Mathews of California, Inc.